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Jerry Ong

Work +603 6209 8218
Zul Rafique & Partners

Work Department

Corporate/Mergers & Acquisitions, Capital Markets


Jerry heads the Corporate/Mergers & Acquisitions, Capital Markets practice groups.

His experience encompasses various aspects of corporate/commercial transactions including mergers and acquisitions, business acquisitions and disposals, joint ventures, foreign direct investments, private equity investments, corporate restructurings and reorganisations as well as equity capital markets transactions.

Jerry has advised on some of the landmark transactions in Malaysia including those involving competitive sales. Due to his expertise and in-depth knowledge, he is frequently consulted by local and foreign clients in various industries such as insurance, banks and financial institutions, telecommunications, oil and gas, manufacturing, healthcare, real estate and education.


Jerry was called to the English Bar in 1990 and admitted as an Advocate & Solicitor of the High Court of Malaya in 1991

He has been a partner of ZUL RAFIQUE & partners since its formation in 1999. He commenced practice at a leading Malaysian law firm in 1991.

Jerry has been recommended in several legal publications, among others, Asialaw Leading Lawyers, Legal 500, Chambers Asia Pacific and IFLR1000 Leading Lawyers as a leading lawyer/individual in Malaysia under Corporate/M&A and/or Capital Markets.

Jerry has been commended by clients that he “reviews issues from all angles and is very responsive” and “understands commercial issues and finds solutions” (Chambers Asia Pacific 2018). “The ‘responsive’ Jerry Ong inspires confidence in his clients when advising on complex transactions” (Chambers Asia Pacific 2011). He is praised for his “sound knowledge of the law and commercial sense” and as a “good and persistent negotiator” and “smart and popular with clients” (Chambers Asia Pacific 2014 & 2017).


English and Bahasa Malaysia


Member of Malaysian Bar and International Bar Association


Jerry graduated with a LLB (Hons) from King's College London and a Bachelor of Economics degree from the National University of Malaysia.


Capital markets

Within: Leading individuals

Jerry Ong - Zul Rafique & Partners

Within: Capital markets

Noted for its strength in equity capital markets, Zul Rafique & Partners' practice is led by Jerry Ong, who advised Maxis on the regulatory aspects of its RM1.65bn private placement of shares offered to domestic and international investors. He also acted for CCCG Overseas Real Estate on its RM200m subscription of shares in WCT Precious Development. On the debt capital markets side, Ashela Ramaya and Chan Kwan Hoe advised MIDF Amanah Investment Bank as arranger on PNB Merdeka Ventures' RM2bn green socially responsible investment (SRI) sukuk and its unrelated RM3.65bn sukuk. Loh Mei Mei is highly active in debt capital markets.

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Corporate and M&A

Within: Leading individuals

Jerry Ong - Zul Rafique & Partners

Within: Corporate and M&A

Jerry Ong leads the team at Zul Rafique & Partners; he advises clients including OME Acquisition and KSK Group on M&A, and also assisted law firm Al-Tamimi & Company with a transaction it was handling. Associate Ding Mei Sin is active in the space.

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Legal Developments by:
Zul Rafique & Partners


    PRESUMPTION OF GUILT – REMEDY OR JEOPARDY? Netizens in Malaysia now share a common fear and feeling of uneasiness following the swift passing of the Evidence (Amendment) (No.2) Bill 2012 in May 2012, which amends the Evidence Act 1950.
    - Zul Rafique & Partners

Legal Developments in Malaysia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Call for AML Regulation for Cryptocurrencies

    Ever since the creation of Bitcoin, cryptocurrencies have been applauded and welcomed for constituting an innovative method of payment without any recourse to financial institutions and their entailing bureaucracy.  While honest individuals rejoiced at cryptocurrencies’ legitimate benefits; ranging from an increased degree of privacy and confidentiality to less transactional costs, cybercriminals saluted the decentralised networks and perceived anonymity behind cryptocurrencies for presenting them with the perfect crypto cleansing opportunity to launder money in an unprecedented and largely unregulated sector in the financial industry.
  • Office for Competition Issues its First Commitments Decision

    The Office for Competition has adopted what appears to be its first commitments decision, in a case where it raised concerns about exclusivity agreements lasting for five years or more.
  • The Financial Services Act 2012

    (Part 1 of 4) By Gopal Sundaram
  • The Islamic Financial Services Bill 2012

    (Part 1 of 4) By Gopal Sundaram Jan 2013
  • Amendments to the Employment Act 1955

    The Employment (Amendment) Act 2012 received royal assent and became law on 30th January 2012. It has now come into operation since 1st April 2012.
  • Malaysian Corporations Making Headway in the Global M&A Scene

    Malaysian companies continue to make waves internationally by acquiring large companies abroad. Leveraging on the European debt crisis and the weak dollar, these companies have boldly made their mark on a global scale with impressive deals. Cross-border acquisitions are increasing trend in the Asian economic hot spots, with companies in China and India spearheading it. The consistently strong uptrend in foreign acquisitions and the increasing success of the same by China and India for the past few years has spurred growing interests of Southeast Asian companies to extend their reach to other continents.
  • Adjudication in Malaysia – the Construction Industry Payment and Adjudication Act 2012

    The Construction Industry Payment and Adjudication Act of Malaysia received royal assent and became law on 18th June 2012.

    PRESUMPTION OF GUILT – REMEDY OR JEOPARDY? Netizens in Malaysia now share a common fear and feeling of uneasiness following the swift passing of the Evidence (Amendment) (No.2) Bill 2012 in May 2012, which amends the Evidence Act 1950.
  • FGVH's IPO - Second Largest in the World after Facebook

    Malaysia’s Felda Global Ventures Holdings Berhad (“FGVH”) is a global agricultural and agri-commodities company, with operations in ten countries across the globe. According to Frost & Sullivan Malaysia Sdn Bhd, FGVH is the third largest oil palm plantation operator in the world based on planted hectarage in 2011. FGVH currently operates 343,521 hectares of oil palm plantation estates in Malaysia that produced 5.2 million metric tonne of fresh oil palm fruit bunches in 2011.
  • Competition...Friend or Foe?

    The announcement of the Malaysia Airlines (MAS)-AirAsia collaboration on 9 August 2011 was questioned by many quarters.